All central banks that issue a sovereign currency:
They can never go broke and could operate without problems with permanent negative equity.
They are not profit-seeking companies owned by shareholders.
They are part of the currency-issuing governments (or in the special case of the ECB, the currency issuer in a system where the elected governments use the ECB’s currency).
Eva Kaili, the Greek MEP and former vice-president of the European Parliament accused of money laundering and bribery as part of the ‘Qatargate’ scandal, is on the offensive, claiming she’s been targeted for her work […]
Alexis Tsipras’s government promised to end austerity. Now it’s defending the banks against people evicted from their homes — and persecuting those who protest. Read here
The 15 judges of the Court of Justice of the European Union (CJEU) will issue their decision before the summer vacation or in early September Read Here
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